Re:Made for People, Not Cars: Reclaiming European Cities
by kortilla on Thursday September 11, 2025 @02:21AM
(#45208438)
Renting has to support the mortgage on that. The only difference between being able to afford a house and affording rent is having the capital for a down payment
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Re:Made for People, Not Cars: Reclaiming European Cities
by rafram on Thursday September 11, 2025 @08:27AM
(#45210751)
That’s not really true. Renting is significantly more affordable than buying in NYC right now. I don’t know the exact reasons, but presumably most landlords bought a long time ago and refinanced when rates were low.